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To: benwood who wrote (75630)	3/5/2008 1:03:03 AM
From: regli	Respond to of 116555

Europe has many problems. One of the most severe is its brooding racism especially in the old iron curtain areas and countries though clearly not limited to them. I expect that many countries will not behave civilized in this area in the next few years. In fact, I expect it to get much worse than it is today but hope that it won't get completely out of hand. From my perspective, Europe's advantage is that it hasn't had quite the prosperity and especially not the sense of entitlement (American exceptionalism) to prosperity that developed in the U.S.. I believe that the biggest social issues develop either when the standard of living is very low for an extended period or when the fall in the standard of living is significantly beyond what could be envisioned by the populace. It is the latter that I expect to lead to issues in the States and which is why I expect bigger problems in the States than in Europe in general. Crime has been and will continue to be a worse problem in the U.S. and crime is one of the most obvious symptoms of internal systemic dissatisfaction. Obviously, it is difficult to talk about Europe as a unit with the possible exception of Western Europe, i.e. the original EU, Scandinavia and the few smaller independent Western European States.